A tender offer target defended a shareholder class action in Delaware Chancery Court. Our firm represented the tender offer target and helped win an important decision setting tough standards for fee awards to class counsel.
Sauer-Danfoss, Inc. Shareholders Litig., 2011 Del. Ch. LEXIS 64 (Apr. 29, 2011). See “Delaware’s Laster Slashes Plaintiffs’ Fee Request by 95 Percent in Sauer-Danfoss Case,” American Lawyer Litigation Daily (May 5, 2011).
